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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 27345 times)
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September 05, 2017, 02:42:25 PM
 #161

Hold all your coins, nest hours will be decisive, REKT or lambo.

BTW, if you hold long enough you'll never have losses, you only have losses if you realize them, don't sell at loss.
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September 07, 2017, 05:24:31 AM
 #162

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??
If i buy a bitcoin in high price and when bitcoin price goes down i'll have to hold it only. Because the bitcoin online currencies were alternately exchange so i know that one day it comes to very high price again and again.

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September 07, 2017, 06:03:31 AM
 #163

i will hold my bitcoin , although the bitcoin price drops i know it will not last long , in the future the price will surely rise and rise beyond the price when i used it to buy Bitcoin , just slow down and relax when Bitcoin price drops .. Grin

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September 07, 2017, 06:08:12 AM
 #164

Obviously I will hold the bitcoins for making more profit in future.
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September 07, 2017, 06:48:05 AM
 #165

The best thing to do is to hold it, and buy as much as you can.

It's not the time to sell your bitcoin.

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September 07, 2017, 11:12:06 AM
 #166

If the price goes down, it us much practical for us to buy more bitcoins, since it will be a bargain, then hodl, since we all know that when the price hoes down, there's no way but up, it not like the companies in the stock market, let's take a look back on the stocks of nokia, before it was a great investment against samsung and/or apple, but then its price went down, they never did anything wrong, they made innovations and as for the price of the latter both are volatile since they don't have stable patrons, then due to an innovation, ios and android came out and now their stocks rocketed. I think we could also use this when comparing bitcoin to other markets, we all knkw bitcoin has innovation and will be the future, for fiat money, they are using online transactions thru paypal as of now, we all can say that is innovation, however for digital currency, we have bitcoin, though the technology is that hard to understand at first, due to its flexibility and user friendly aspects, morr and morr people will soon accept bitcoin,just like what they did with smart phones, and as an investor you could easily see this happening, there are companies that are worth it at this time and maybe obsolete due to failure of innovation. I think for this one, we may need to look back at at kne of the basics of investments, buy low and sell high, it is also true when it comes to bitcoin, but right now, we are still buying low though it will reach 5000 usd, it is still cheap, it is not yet 100k usd, we could still buy one bitcoin at this time, buy one bitcoin or by the fraction.

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September 07, 2017, 11:18:31 AM
 #167

It's not a good idea to sell your bitcoin in a low price when you bought it at a high price. I will hold my bitcoin if the price will go down, i will just buy another bitcoin if the price will going to go down. This is somehow a great opportunity to all of us traders, if you know how to control your emotions. Don't let your emotion control you, just keep your pace and stay calm. The fluctuation is just normal, the price will gonna get back to normal.

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September 07, 2017, 11:30:32 AM
 #168

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??

If bitcoin price down I still will hold because not always that bitcoin is on the bottom. Sometimes if bitcoin down it is going up with big currency so why would we cut loss. There are always hope for everything so hold on and wait for the right time and right place be patient for what we wait because sometimes we get a good result of waiting.

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September 07, 2017, 12:56:32 PM
 #169

If the price of bitcoin will go down very hard then i will still hold my bitcoins and not cut my loss and in fact, i will buy more bitcoin so i can save some money for buying bitcoin at the lower price than the average price that i saw in the last few weeks. It is a smart thinking and that is how the whales deal with the market and that is why they are earning huge profits.

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September 07, 2017, 01:48:15 PM
 #170

it's going to happen that prices sometimes go down and sometimes rise, I think it's better not to panic to sell bitcoin, better to hold because the price will definitely rise again

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September 07, 2017, 01:51:41 PM
 #171

The Bitcoin's price is volatile, so even if it drop down for some time it will go up surely in the future, so there is no problem especially for the long term holders, they will make profit from holding the coins sooner or later
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September 07, 2017, 01:54:39 PM
 #172

I have never sell my bitcoin, I just sell my altcoins of I have to do, because I want to keep all the bitcoin I have
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September 07, 2017, 02:00:06 PM
 #173

Just hold it for the mean time then buy more bitcoin and have to wait for the price to rise up even if it takes months or years.

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September 07, 2017, 02:55:36 PM
 #174

Since the first time I know bitcoin the fact the price has never gone down, if the bitcoin drop then I'll hold it because I'm sure for long term bitcoin prices will go up again.

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September 07, 2017, 03:00:41 PM
 #175

if it happens to me .. I will continue to hold bitcoin until the price returns to normal and rises. I think there is no problem if I hold bitcoin longer. because I'm sure bitcoin will go up. buying at a time when expensive and prices go down, it's common for us to invest .. holding and storing bitcoin is a great way so we do not lose our bitcoin. do not rush to sell bitcoin because your business will be useless. when bitcoin prices go up and you've sold them .. there's only regret for you
I agree, definitely I will also defend the bitcoin I got. and I will still continue in this because with the decline of the bitcoin bitcoin we should not despair quite stand up to the price of the bitcoin returned to normal even reached high prices. then the right word you don't rush decision to decide to get out of the bitcoin it will only hurt yourself better consider long-term.

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September 07, 2017, 03:11:23 PM
 #176

I will buy it ASAP since the price going down and wait until the price going up back and sell it if I want Wink

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September 08, 2017, 12:57:26 AM
 #177

It doesnt matter for me since im not willing to spend it for the next years, im accumulating the much i can and use part of my coins to trade, trying to grow  the ammount of coins i do own. But since im not buying it and earning it with trading and signature, for me the price isnt now the meta i set for me, and yes the btc ammount im able to earn, soo at this moment there is profit neither loss, as long i can keep with the bitcoin ammount i had before.


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September 08, 2017, 01:31:51 AM
 #178

No need to worry about bitcoin price down because i trust the bitcoin that i have bought, it'll grow even more.Just  hold it until the price rises again.
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September 08, 2017, 02:04:35 AM
 #179

No need to worry about bitcoin price down because i trust the bitcoin that i have bought, it'll grow even more.Just  hold it until the price rises again.

That's easier said than done Wink

It depends on how low we go, and how fast we get there. if we lost like,  5-10% over a week, that's not really a big deal. But if we lose 20% in a night, like the recent "Monday Massacre", then hell yes, I get quite concerned. The thing about flash crashes, at least of late, is that you can't really sell when you notice the dip, it's too late already.

If you are reacting to price movement reported by the news, the market has already corrected. The insider trading is terrible here.

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September 08, 2017, 05:49:29 AM
 #180

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??
I prefer to hold it because I believe in bitcoin because I think the price will go up again. may be the decline in bitcoin prices now due to news that China has banned ico.
This might be the reason behind the demolishing of prices but I am also holding on my bitcoins because this is a temporary situation and soon the prices will rise up again.

It has already happened once in the past, I guess it was year 2013. But after that, bitcoin made an astonishing progress.


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